Cost of Living Comparison Between Medellin and Caracas Cost of Living Comparison Between Medellin and Caracas

🙂 Solo nomad: Medellin is 29.5% cheaper than Caracas without rent, and 14.6% cheaper with rent.
🙂 Family of 3: Medellin is 29.4% cheaper than Caracas without rent, and 23.5% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Caracas
Difference
Meal at Budget Restaurant
$6.14 COP 22.1K
$11.78 VES 5,667
-47.88%
Three-Course Dinner for Two, Mid-Range
$33.05 COP 119.0K
$55.5 VES 26.7K
-40.41%
Fast Food Meal (McDonalds, etc)
$7.32 COP 26.4K
$9.87 VES 4,751
-25.84%
Cappuccino
$1.66 COP 5,971
$2.60 VES 1,249
-36.15%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COP 3,977
$1.31 VES 631
-16.03%
Water (0.33 liter bottle)
$0.78 COP 2,815
$1.04 VES 500
-25.00%
Local Beer (0.5 liter draught)
$1.71 COP 6,172
$1.54 VES 739
11.04%
Imported Beer (0.33 liter bottle)
$3.17 COP 11.4K
$3.03 VES 1,460
4.62%
🛒 Groceries & Markets
Medellin
Caracas
Difference
Milk (1 liter)
$1.11 COP 4,002
$1.89 VES 908
-41.27%
White Bread (500g)
$1.31 COP 4,707
$2.65 VES 1,274
-50.57%
Rice (white) (1kg)
$1.38 COP 4,967
$1.50 VES 720
-8.00%
Eggs
$2.22 COP 7,989
$2.84 VES 1,367
-21.83%
Local Cheese (1kg)
$4.34 COP 15.6K
$9.86 VES 4,743
-55.98%
Chicken Fillets (1kg)
$5.80 COP 20.9K
$7.26 VES 3,496
-20.11%
Beef Round Steak (1kg)
$8.98 COP 32.3K
$7.57 VES 3,644
18.63%
Apples (1kg)
$2.26 COP 8,143
$5.20 VES 2,503
-56.54%
Banana (1kg)
$1.11 COP 4,013
$1.87 VES 901
-40.64%
Oranges (1kg)
$1.46 COP 5,271
$2.18 VES 1,048
-33.03%
Tomato (1kg)
$1.37 COP 4,916
$2.05 VES 987
-33.17%
Potato (1kg)
$1.11 COP 3,999
$2.66 VES 1,280
-58.27%
Onion (1kg)
$1.16 COP 4,188
$2.07 VES 996
-43.96%
Lettuce (1 head)
$0.89 COP 3,202
$1.30 VES 627
-31.54%
Water (1.5 liter bottle)
$0.87 COP 3,116
$1.87 VES 899
-53.48%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 8,473
$4.11 VES 1,977
-42.82%
Wine (Bottle)
$10.86 COP 39.1K
$9.94 VES 4,781
9.26%
Local Beer (0.5 liter bottle)
$1.20 COP 4,319
$1.52 VES 730
-21.05%
Imported Beer (0.33 liter bottle)
$2.48 COP 8,923
$2.05 VES 987
20.98%
🚌 Getting Around
Medellin
Caracas
Difference
One-way Ticket (Public Transport)
$0.79 COP 2,835
$0.76 VES 368
3.95%
Public Transport Monthly Pass (Regular Price)
$40.77 COP 146.8K
$30.59 VES 14.7K
33.28%
Taxi Start (Normal Tariff)
$1.42 COP 5,124
$4.96 VES 2,387
-71.37%
Taxi (Normal Tariff) (1km)
$1.91 COP 6,882
$2.67 VES 1,286
-28.46%
Taxi 1hour Waiting (Normal Tariff)
$7.65 COP 27.5K
$10.06 VES 4,843
-23.96%
Gasoline (1 liter)
$0.97 COP 3,481
$0.49 VES 236
97.96%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1K COP 65.2M
$25.0K VES 12.0M
-27.60%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.3K COP 94.7M
$39.9K VES 19.2M
-34.12%
🧾 Monthly Utilities & Internet
Medellin
Caracas
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.3 COP 292.8K
$19.97 VES 9,609
307.16%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.63 COP 34.7K
$13.20 VES 6,350
-27.05%
Internet (50+ Mbps, Unlimited Data)
$24.36 COP 87.7K
$39.50 VES 19.0K
-38.33%
🎉 Sport & Entertainment
Medellin
Caracas
Difference
Gym Membership (Monthly)
$26.02 COP 93.7K
$67.2 VES 32.4K
-61.30%
Tennis Court (1 Hour on Weekend)
$18.92 COP 68.1K
$15.05 VES 7,242
25.71%
Cinema Ticket
$3.89 COP 14.0K
$6.04 VES 2,907
-35.60%
🧸 Childcare & Education
Medellin
Caracas
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$304 COP 1.1M
$130 VES 62.6K
133.98%
International Primary School, 1 Child (Yearly)
$5,902 COP 21.3M
$5,547 VES 2.7M
6.40%
👕👟 Clothing & Footwear
Medellin
Caracas
Difference
Jeans (Levis 501 Or Similar)
$58.7 COP 211.3K
$62.6 VES 30.1K
-6.20%
Summer Dress (H&M, Zara, etc)
$32.48 COP 116.9K
$38.78 VES 18.7K
-16.25%
Sport Shoes (Adidas, Nike)
$102 COP 366.3K
$103 VES 49.4K
-0.95%
Men's Leather Business Shoes
$108 COP 389.4K
$116 VES 55.9K
-6.95%
🏠 Accommodation & Living
Medellin
Caracas
Difference
1-bedroom Apartment, City Center (Monthly)
$474 COP 1.7M
$448 VES 215.4K
5.96%
1-bedroom Apartment, Outside City Center (Monthly)
$371 COP 1.3M
$366 VES 176.0K
1.40%
3-bedroom Apartment, City Center (Monthly)
$848 COP 3.1M
$977 VES 469.9K
-13.17%
3-bedroom Apartment, Outside City Center (Monthly)
$716 COP 2.6M
$834 VES 401.1K
-14.05%
Buy Apartment in City Center (m2)
$2,871 COP 10.3M
$1,424 VES 685.2K
101.66%
Buy Apartment Outside City Center (m2)
$1,375 COP 5.0M
$708 VES 340.8K
94.24%
💵 Salaries & Financials
Medellin
Caracas
Difference
Average Monthly Net Salary (After Tax)
$542 COP 1.9M
$298 VES 143.2K
82.01%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
21.33
-37.04%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Medellin: April 13, 2026

Last update for Caracas: April 12, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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